Installations

The European independent renewable energy developer will partner with private equity firm Actis to develop the platform, which will target the construction of up to 900 MW of RE projects.

Xyence, the leaseholder and a specialist in wood preservation technology, will use its knowhow for the plant’s unique wooden mountings.

China’s National Energy Administration (NEA) has released 2014 solar figures. The report shows installed capacity approached 30 GW, while manufacturers are reporting greatly increased utilization rates.

Turkey has developed its first National Renewable Energy Action Plan, targeting 30% of its energy from renewable sources by 2023. Of this total Turkey hopes to realize 5 GW of PV.

Latest installation data demonstrates Turkey’s strong preference toward wind power. Solar PV, in contrast, either has fallen out of favor or Turkish institutions struggle to cope with the licensing process.

While figures released last month by China’s National Energy Administration (NEA) confirm that the country fell well short of its 14 GW installed PV goal for 2014, it has not stop the administration from setting an ambitious target for 2015. Signs are that the country is more likely to reach its 2015 goal.

Figures released today by Green Energy Markets reveal that the Australian commercial rooftop segment is continuing to grow. The positive signs for the sector come as ET Solar announces a deal with Australia’s Clean Energy Finance Corporation to roll out a AUD$33 million (US$25.5 million) commercial rooftop PPA program.

Tesla Motors, the electric vehicle company throwing down a major challenge to the global motor industry, says it is now looking to become a front-runner in energy storage in a major new challenge to the traditional electric utility business model.

Up to €3 billion (US$3.4 billion) will be invested in the development of the Ukranian solar power industry by 2020, according to a recent statement of an official spokesman of the press-service of the Ukrainian Cabinet of Ministers.

Analysts at Frost & Sullivan have added their voices to the chorus confirming that falling oil prices will have little impact on solar investment. In its Annual Global Power and Energy Outlook, Frost & Sullivan forecasts installed PV capacity to grow to almost 450 GW by 2020.